The L S Starrett Co (The L S Starrett Co) Days Payable

: 31.83 (As of Dec. 2023)

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The L S Starrett Co's average Accounts Payable for the three months ended in Dec. 2023 was $15.0 Mil. The L S Starrett Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $43.1 Mil. Hence, The L S Starrett Co's Days Payable for the three months ended in Dec. 2023 was 31.83.

The historical rank and industry rank for The L S Starrett Co's Days Payable or its related term are showing as below:

SCX' s Days Payable Range Over the Past 10 Years
Min: 19.25 Med: 24.73 Max: 34.31
Current: 30.96

During the past 13 years, The L S Starrett Co's highest Days Payable was 34.31. The lowest was 19.25. And the median was 24.73.

SCX's Days Payable is ranked worse than
87.74% of 2929 companies
in the Industrial Products industry
Industry Median: 75.91 vs SCX: 30.96

The L S Starrett Co's Days Payable increased from Dec. 2022 (29.04) to Dec. 2023 (31.83). It may suggest that The L S Starrett Co delayed paying its suppliers.

The L S Starrett Co Days Payable Historical Data

The historical data trend for The L S Starrett Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The L S Starrett Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

27.08

26.82

30.95

34.31

31.18

The L S Starrett Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																29.04	30.12	29.95	35.12	31.83

Competitive Comparison

For the Tools & Accessories subindustry, The L S Starrett Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The L S Starrett Co Days Payable Distribution

For the Industrial Products industry and Industrials sector, The L S Starrett Co's Days Payable distribution charts can be found below:

* The bar in red indicates where The L S Starrett Co's Days Payable falls into.

The L S Starrett Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

The L S Starrett Co's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (14.624	+	15.047)	/	2 )	/	173.694	*	365
=	14.8355					/	173.694	*	365
=	31.18

The L S Starrett Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (16.587	+	13.487)	/	2 )	/	43.112	*	365 / 4
=	15.037					/	43.112	*	365 / 4
=	31.83

The L S Starrett Co Days Payable Related Terms

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The L S Starrett Co (The L S Starrett Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » The L S Starrett Co (NYSE:SCX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

121 Crescent Street, Athol, MA, USA, 01331

Website

https://www.starrett.com

The L S Starrett Co is engaged in the manufacturing of industrial, professional and consumer measuring and cutting tools and related products. Its products include precision tools, electronic gages, gage blocks, optical vision and laser measuring equipment, custom engineered granite solutions, tape measures, levels, chalk products, squares, band saw blades, hole saws, hacksaw blades, jig saw blades, and others. Its products are used in different industries such as metalworking, automotive, aviation, marine, farm, and "do-it-yourselfers" and tradesmen such as builders, carpenters, plumbers and electricians. The operating segments of the company are North American Operations is a key revenue driver; International Operations and Global Test and Measurement.

Executives

Douglas A Starrett	officer: President & CEO	121 CRESCENT STREET, ATHOL MA 01331
John C. Tripp	officer: CFO	C/O THE L.S. STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331
David T. Allen	other: Insider	121 CRESCENT STREET, ATHOL MA 01331
Emerson Leme	officer: VP Of Industrial Products	C/O THE L.S. STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331
Charles Alpuche	director	C/O INSULET CORPORATION, 600 TECHNOLOGY PARK DRIVE, SUITE 200, BILLERICA MA 01821
Christian Arntsen	officer: VP of International Products	C/O THE L.S. STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331
Deborah Gordon	director	121 CRESCENT STREET, ATHOL MA 01331
Thomas J Riordan	director	C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Scott William Sproule	director	C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Terry A Piper	director	121 CRESCENT STREET, ATHOLL MA 01331
Chris Gahagan	director	AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803
Russell D. Carreker	director	121 CRESCENT STREET, ATHOL MA 01331
David A Lemoine	director	C/O THE L S STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331
Richard Kennedy	director	121 CRESCENT STREET, ATHOL MA 01331
Francis J O'brien	officer: Treasurer & CFO	C/O THE L. S. STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331